In Brief: Biocontrol Technology
This article was originally published in The Gray Sheet
Executive Summary
Biocontrol Technology: Pittsburgh, Pennsylvania-based firm announces Oct. 26 that its Diasense subsidiary has entered an agreement with Imaco Gesellschaft fur Non Invasive Systeme, GmbH for the German distribution of the Diasensor 1000 non-invasive glucose sensor. Imaco will pay $32.5 mil. for exclusive distribution rights to the product and will be required to purchase "a total of 5100 machines in 1996 at a rate of 100 for the first month and 500 a month for the next 10 months," Biocontrol says...